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today president obama and house speaker john boehner spoke on the phone about the looming budget cuts, but as of now, no evidence there's any future negotiations scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1st for those earning more than $250,000 a year, but extending them for everybody else. just 32% say the cuts ought to be extended across the board. joining us now to talk fiscal cliff and ramifications for all of us around here in the d.c. area, virginia congress member gerry connolly, a democrat representing annandale, parts of prince herndon county, fairfax, welcome, sir. we know the arguments by now, very familiar. the president wants to cut off the tax cuts for everybody making over a quarter million. john boehner and the house republicans would rather see deductions and hoop holes closed. why are you? are you with the president wholeheartedly on this? >> well, i certainly agree with the president that we need to let the top tax bracket expire. he ran explicitly on that. there weren't a lot of explicits in this
today president obama and house speaker john boehner spoke on the phone about the looming budget cuts, but as of now, no evidence there's any future negotiations scheduled. a new poll by the associated press shows 48% of those asked support letting tax cuts expire january 1st for those earning more than $250,000 a year, but extending them for everybody else. just 32% say the cuts ought to be extended across the board. joining us now to talk fiscal cliff and ramifications for all of us around...
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Dec 6, 2012
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the military had been told for months not to get ready for these budget cuts. in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle would good friends and that they worked on it but he was also criticized by his fellow republicans for being a compromiser. when did compromise get to be a dirty word. >> we've seen signs of compromise on the side of john boehner and seen republicans go after him for doing that. >> exactly. it's a price of being a leader. what do you have for us in the next half-hour? >> it's the season we're dressing up our homes with a lot of holiday decor. it looks fantastic but can also be a little dangerous. we'll run through some of the possible dangers you might be having in your home right now. >>
the military had been told for months not to get ready for these budget cuts. in the meantime, "the washington post" released a survey earlier this week. it found 53% of people polled would blame republicans for going over the cliff. 27% would blame president obama. not a lot of sunshine that we're seeing this these talks. >> i was telling mike, i was listening to an interview with trent lott, former leader back in the days in the clinton administration. he said he and daschle...
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Dec 5, 2012
12/12
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president obama has rejected the latest profile bit republicans because it does not include a -- proposal by the republicans because it does not include a tax hike on the wealthy americans offering instead to close some tax loopholes, danielle nottingham with the latest from capitol hill. >> reporter: house members left the capitol in the middle of the fiscal fight not due back until next week, but house speaker john boehner is staying behind ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making over $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> revenues we're putting on the table will come from, guess who, the rich. >> reporter: house republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy and they invited small business owners here to capitol hill to make their point. max olson opened an insurance company this year and is concerned he won't be able to ad
president obama has rejected the latest profile bit republicans because it does not include a -- proposal by the republicans because it does not include a tax hike on the wealthy americans offering instead to close some tax loopholes, danielle nottingham with the latest from capitol hill. >> reporter: house members left the capitol in the middle of the fiscal fight not due back until next week, but house speaker john boehner is staying behind ready to sit down with the president. >>...
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just 26 days before everyone's taxes go up and programs get cut. jon karl is following it all. a small breakthrough yesterday, president obama and house speaker john boehner got on the phone. >> reporter: that may not sound like much, george. but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're starting to see some republicans concede that tax rates on the wealthy, at least, are going to have to go up. the president has another rock-hard bottom line. that's an increase in the u.s. debt limit, as well. >> reporter: that's right. republicans even top republicans, say the tax rates are going to almost certainly go up. but on this question of the debt ceiling, the government reaches the limit of how much money it can borrow in february. republicans say they will exact a price for that. they want spending cuts, if they can't get exchange for the tax increases. they will raise the debt ceiling. >> th
just 26 days before everyone's taxes go up and programs get cut. jon karl is following it all. a small breakthrough yesterday, president obama and house speaker john boehner got on the phone. >> reporter: that may not sound like much, george. but it's the first time the two men have spoken in a week. and what may be the most significant sign of progress, neither side talked about what was said on the call, an indication they may be serious about negotiating in private. >> we're...
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and big, painful federal budget cuts, unless president obama and house speaker john boehner can come together. >> the president, not so conciliatory note. we'll get the latest from david kerley coming up. >>> check this out. why all new cars may soon be spying on their drivers and making it tough for you to cover your tracks. >>> we're going to start, though, with what should have been a joyous week for the royal family. but news of kate's pregnancy was overshadowed by her hospitalization for morning sickness, a prank call that duped two of her nurses. and then, the suspected suicide of one of those nurses. this morning, the boss of the two australian deejays behind this prank is now speaking out. and abc's jeffrey kofman is in london on the story. jeffrey, good morning to you, sir. >> reporter: and good morning to you, dan. an outpouring of indignation, what we're seeing around the world as news of this story spreads. and nowhere is it stronger than in australia. all of it focused on the two radio presenters behind the hoax call. >> this is 9 news. >> a sydney radio station is tonig
and big, painful federal budget cuts, unless president obama and house speaker john boehner can come together. >> the president, not so conciliatory note. we'll get the latest from david kerley coming up. >>> check this out. why all new cars may soon be spying on their drivers and making it tough for you to cover your tracks. >>> we're going to start, though, with what should have been a joyous week for the royal family. but news of kate's pregnancy was overshadowed by...
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and spending cuts. republicans aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden with all of these negotiations they sometimes with most fire before they break. the debt limit, president obama said that he's not going to negotiate at all over the debt limit. i don't know how you can get that resolved by december 31st. >> could the republicans give in on the tax cuts on the rich in this country if they want to use the debt limit as leverage? >> they could. lot of republicans have said, they know taxes are going to go up, but they want to know how far the president is willing to go in cutting spending especially that entitlement spending, even social security before they sign on to the higher rates. you got these guys circling each other before coming together. >> if i'm sitting at home and i'm not following politics closely, it looks like the
and spending cuts. republicans aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden with all of these negotiations they sometimes with most fire before they break. the debt limit, president obama said that he's not going to negotiate at all over the debt limit. i don't know how you can get that resolved by december 31st. >> could...
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. >> the new associated press poll finds 48% of americans want tax cuts for wealthy to expire. and it says more people want to cut government services than raise taxes to reduce the federal deficit. >> now, if the nation goes over the cliff at the end of the year, it's going to affect everyone, including the unemployed, as abc's jonathan karl reports. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's been without a job for a year. her $450 a week unemployment check her life line. >> we won't be able to pay some of our bills and, i mean, you know, that's for christmas and things of that nature, probably off the table. >> reporter: she is not alone. without a deal, unemployment compensation will end for more than 2 million people out of work more than 26 weeks. many of the unemployed started receiving the news this week from prerecorded phone calls like this one in washington state.
. >> the new associated press poll finds 48% of americans want tax cuts for wealthy to expire. and it says more people want to cut government services than raise taxes to reduce the federal deficit. >> now, if the nation goes over the cliff at the end of the year, it's going to affect everyone, including the unemployed, as abc's jonathan karl reports. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment...
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Dec 6, 2012
12/12
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spending cuts as of january one, they are trying to avert that. he says any deal on this must include an end to the debt ceiling all together. he wants complete power to raise the country's limit by himself. he doesn't want to have to get congressional approval. that is a demand stirring strong response from republicans today. >> the on way we ever cut spending is by using the debate over the debt limit to do it. now the president wants to remove that spur to cut all together. of course, it gets in the way of his spending plans. i can assure you it one happen. the american people want washington to get spending under control and the debt limit is the best tool we have to make the president take that demand seriously. the american people want us to fight to cut spending. it's a fight they deserve and a fight we are happy to have. >> joining me now, simon rosenberg. and mark theisen. guys, welcome. simon, let me start with you on this. we did have some democrats come on the show and say no, the president doesn't get to just decide when to raise the
spending cuts as of january one, they are trying to avert that. he says any deal on this must include an end to the debt ceiling all together. he wants complete power to raise the country's limit by himself. he doesn't want to have to get congressional approval. that is a demand stirring strong response from republicans today. >> the on way we ever cut spending is by using the debate over the debt limit to do it. now the president wants to remove that spur to cut all together. of course,...
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>> i am fine with cutting spending levels. [talking over each other] [talking over each other] megyn: great job. coming up, bob costas offers verification on his talk about gun culture after a murder suicide of a nfl player. and police traffic cameras. red light cameras in one city are the subject of a major class-action. why drivers claimed the cameras keeping neighborhoods if they are big methods of bringing in cash megyn: sportscaster bob costas offering clarification for his on-air comments about the nfl player who shot his girlfriend and then killed himself last weekend. those comments were made during the eagles and cowboys football game on sunday night. he blamed what he called america's gun culture for america's case of gun violence. here's a little from the comments on sunday night the matter tandems do not enhance our safety. they exacerbate our flaws. they beat us into embracing confrontation rather than avoiding it. in coming days, javon pilcher's actions and attention to football will be analyzed. who knows, but h
>> i am fine with cutting spending levels. [talking over each other] [talking over each other] megyn: great job. coming up, bob costas offers verification on his talk about gun culture after a murder suicide of a nfl player. and police traffic cameras. red light cameras in one city are the subject of a major class-action. why drivers claimed the cameras keeping neighborhoods if they are big methods of bringing in cash megyn: sportscaster bob costas offering clarification for his on-air...
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says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone
says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue...
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citigroup announces major layoffs, cutting 11,000 jobs. is this a sign of things to come in corporate america? >> tom: i'm tom hudson. president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
citigroup announces major layoffs, cutting 11,000 jobs. is this a sign of things to come in corporate america? >> tom: i'm tom hudson. president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
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Dec 6, 2012
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darden announced that none of its full time employees will have their hours cut as a result of the new regulations. >>> well, believe it or not you'll be seeing more starbucks cafes popping up. the coffee chain is planning to add 1,500 locations in the next five years. more are planned for canada and south america as well. >>> and having the most watched youtube video in u.s. history sure can pay the bills. south korean pop star psi is set to make at least, get this, $8.1 million this year off of his hit song "gangnam style." that just is from the ads on his youtube video and sales of the song on itunes. terrell, we've got to get some itune singing/dancing thing going on. >> you sing, i'll dance. >> i'll dance, you sing. >> you daenlt want me to dance. >> i think we want that. >> ashley morrison in new york. thank you so much. >>> in sports, rack up another milestone for lakers superstar bryant. he seeks a jumper for his 30,000th career point. he's only the fifth player in nba history to do that. for the game bryant pumped in 29 points to help them take down the hornets. and a thriller
darden announced that none of its full time employees will have their hours cut as a result of the new regulations. >>> well, believe it or not you'll be seeing more starbucks cafes popping up. the coffee chain is planning to add 1,500 locations in the next five years. more are planned for canada and south america as well. >>> and having the most watched youtube video in u.s. history sure can pay the bills. south korean pop star psi is set to make at least, get this, $8.1...
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Dec 10, 2012
12/12
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. >>> president obama in michigan at the detroit diesel corporation. we're looking at remarks there. he's going to address middle class families. president talking about the economy and focusing on the expiring tax cuts as we near this fiscal cliff. we're going to bring their remarks live as they happen. first, christine romans has a look at what it would be like he if the country let those tax cuts expire, and we go off the so-called fiscal cliff. >> reality track says one in three homes sold short. right now you don't owe taxes on the forgiven debt. on the other side of the fiscal cliff you do. it gives homeowners a tax break on unpaid mortgage debt and expires on december 31st unless congress acts. >> the average amount that homeowners are short in a short sale is $95,000. if this tax break goes away as part of the so-called fiscal cliff, those homeowners could be taxed on that $95,000 as additional income starting in 2013. >> how much homeowners will owe in taxes on that amount depending on the tax bracket they're in. on average it would be between
. >>> president obama in michigan at the detroit diesel corporation. we're looking at remarks there. he's going to address middle class families. president talking about the economy and focusing on the expiring tax cuts as we near this fiscal cliff. we're going to bring their remarks live as they happen. first, christine romans has a look at what it would be like he if the country let those tax cuts expire, and we go off the so-called fiscal cliff. >> reality track says one in...
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Dec 10, 2012
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what they're doing is allowing the bush tax cuts to expire. in other words, allow the tax to go back to where they were when we created jobs. i think, if the republicans are able to say, look, we're willing to allow tax to go for 98% of the nation so that we can talk about entitlements, i think that characterization of the conversation will help them in terms of image because right now it doesn't look as if they care about the middle class. they need to focus in on the fact that they're allowing 98%, the majority of the bush tax cuts to be extended, and they can claim that as a victory. i think you will see a shift in the way people are viewing who's at fault in the fiscal cliff conversation, and you'll be able to have a much more positive attitude about the republicans heading into this so-called battle well hillary clinton in the future. >> l.z. granderson and will cain, thank you, gentlemen. we appreciate it. >> thanks, ted. >>> washington, including president obama, went gangnam style over the week epd, but not without a little controversy
what they're doing is allowing the bush tax cuts to expire. in other words, allow the tax to go back to where they were when we created jobs. i think, if the republicans are able to say, look, we're willing to allow tax to go for 98% of the nation so that we can talk about entitlements, i think that characterization of the conversation will help them in terms of image because right now it doesn't look as if they care about the middle class. they need to focus in on the fact that they're...
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part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans could receive drug abuse treatment and $700 million slas
part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week...
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are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate t
are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate t
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Dec 11, 2012
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president obama and house speaker john boehner met privately sunday in a surprise meeting, but they're not commenting much in public on whether there's been much progress. joining me now is political science professor and political chief correspondent for politics 365, jason johnson, and republican strategist, ron bon john. some say the fact that we're not hearing much of washington is a good sign, and in this case, silence is golden. you guys agree? >> yeah, i definitely do. look, one of the things that we've got to realize here is that the more that this fight takes place in public, the less is being done behind closed doors, because everyone feels that they have to justify the public rhetoric. so i think that we have two silences going on. there's barack obama and john boehner working things out and the republicans realizing that they've got to find a way to negotiate. so silence is golden for christmas season. >> do you agree, ron bonjean? >> yes, i completely agree. i think that silence is best. and right now while they're figuring out how to put a deal together, i think the presi
president obama and house speaker john boehner met privately sunday in a surprise meeting, but they're not commenting much in public on whether there's been much progress. joining me now is political science professor and political chief correspondent for politics 365, jason johnson, and republican strategist, ron bon john. some say the fact that we're not hearing much of washington is a good sign, and in this case, silence is golden. you guys agree? >> yeah, i definitely do. look, one of...
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the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking about negotiations taking place with the president obviously, a lot of people watching closely, trying to avoid the fiscal cliff which would mean tax hikes for almost all americans but also severe cuts as well. they are debating that publicly as well as privately. i want to talk more about the rebel group that we had mention before in syria, that is now designated a new terrorist organization, cnn's hala gorani joining us atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and says, a small faction of this group is considered a terrorist organization. what
the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking about negotiations taking place with the president...
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president obama, house speaker john boehner held another phone call last night. here is speaker boehner on that. >> there were some offers that were exchanged back and forth yesterday. and the president and i had a pretty frank conversation about just how far apart we are. >> as we mentioned just last hour, take a look at the graph, these two sides have moved closer on taxes over the last couple of weeks. speaker boehner offered up $800 billion in new tax revenues after insisting on none. the president just this week, he's come down a little bit to $1.4 trillion but still no dice. no deal. cnn's sandra endo is standing by at reagan national airport, across the potomac from washington. so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they released a statement this afternoon saying that it would be a ma
president obama, house speaker john boehner held another phone call last night. here is speaker boehner on that. >> there were some offers that were exchanged back and forth yesterday. and the president and i had a pretty frank conversation about just how far apart we are. >> as we mentioned just last hour, take a look at the graph, these two sides have moved closer on taxes over the last couple of weeks. speaker boehner offered up $800 billion in new tax revenues after insisting on...
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Dec 13, 2012
12/12
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he will talk about spending cuts. nice to have you on. >> great to be with you. >> one of your colleagues, they said this is outgoing with the republican of south carolina. he sounds as though he is throwing in the towel. he said president obama will get his wish. higher tax rates for the wealthy. congressman brown, will the president get his wish? >> i think the president wants higher tax rates for everybody. even the lowest paid employees in this country is pushing towards. the problem is not the higher rates and taxes which i totally oppose, we have to talk about spending. spending is the problem and what's going to us off the cliff. it is leading towards a collapse of america that is going to hurt the poorest americans and seniors on a limited income. those working on the middle class americans. >> speaker boehner said many, many times before, the problem facing washington is not taxes being too low, but spending being too high. we know your side wants spending cuts and cutting, but medicare. we saw this poll toda
he will talk about spending cuts. nice to have you on. >> great to be with you. >> one of your colleagues, they said this is outgoing with the republican of south carolina. he sounds as though he is throwing in the towel. he said president obama will get his wish. higher tax rates for the wealthy. congressman brown, will the president get his wish? >> i think the president wants higher tax rates for everybody. even the lowest paid employees in this country is pushing towards....
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Dec 13, 2012
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they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts out of you then and president obama does not want to relive that 2011 catastrophe, chaos. >> roland, before you go, i didn't hear anything, it was all, it sounded like charlie brown to me after i heard you say roland's right. i don't know if i've ever heard you utter those words, will cain. >> actually he often says that. this is not a shocker. it's not breaking news and exclusive. it happens a lot. >> it's a just in, but go ahead, what were you saying? >> here's the deal, first of all for the audience, we talk about the fiscal cliff, it involves three things. first of all it deals
they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts...
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Dec 13, 2012
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the president obama's proposals have been anything but balanced. he wants far more in tax hikes than spending cuts and instead of beginning to solve our did you tell probledebt problem, he new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. it's clear that the president's just not serious about cutting spending. but spending is the problem. how big a problem? look at this chart put together by paul ryan and budget committee. this line is the current baseline for revenue. here if the president got everything he wanted, over $1.4 trillion in taxes, this is what that would represent. but if you look at the spending problem, you see it does nothing. nothing to solve the spending problem that our country has. republicans want to solve this problem by getting the spending line down. the president wants to pretend spending isn't the problem. that's why we don't have an agreement. the chart depicts what i've been saying for a long time now. washington has a spending problem that can't be fixed with t
the president obama's proposals have been anything but balanced. he wants far more in tax hikes than spending cuts and instead of beginning to solve our did you tell probledebt problem, he new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. it's clear that the president's just not serious about cutting spending. but spending is the problem. how big a problem? look at this chart put together by paul ryan and budget committee. this line is...
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republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been living under a rock. i found this explanation. this is mr. burns from
republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president...
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who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain. he leans right. good morning, will. >> good morning. let me tell you something. you said the popularity of gangnam style knows no limits. i beg to differ. >> you do? >> i think we just found its limits, when 8-year-olds start doing gangnam style you can count on its popularity decreasing. we're about a year away from it being makarena. >> trying to get two sides come together to come to a deal on the fiscal cliff. >> i don't know about young people's abilities to force cats and dogs and democrats and republicans to come together to find a deal. he had a much more profound message than just simply dancing in that clip, in that psa essentially. he was trying to alert young people to the fact that old people, bluntly, are organized. look at the army of aarp representatives that ensure that programs like medicare and social security, programs that take up something like 50% of our federal budget will remain intact an
who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain. he leans right. good morning, will. >> good morning. let me tell you something. you said the popularity of gangnam style knows no limits. i beg to differ. >> you do? >> i think we just found its limits, when 8-year-olds start doing gangnam style you can count on its popularity decreasing. we're...
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president obama outlined specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. and nothing specific in revenue whatsoever. all generalizations. republicans want more spending cuts. tell us what you want, we say to them. we cannot read their minds. we will not make a proposal for them. they know that we are willing to make tough choices on these issues. i hope they understand by now that we will look out for the middle class first. illinois standing in the way of an agreement is republicans. -- the only thing standing in the way of an agreement is republicans. there is a lot of bluster coming from the republicans about society kremlin quickly. every day -- crumbling quickly. they are calling on the speaker to let tax rates rise. yesterday it was coburn. today was another. he said he would take raising rates are the top 2 bracket -- and went on with other things he wanted. he wants the rates to go up on the top 2 brackets. i am confident that agreement can be reached. >> [inaudible] some republican
president obama outlined specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. and nothing specific in revenue whatsoever. all generalizations. republicans want more spending cuts. tell us what you want, we say to them. we cannot read their minds. we will not make a proposal for them. they know that we are willing to make tough choices on these issues. i hope they understand by now that we will look out for the middle class first....
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and it is foolish to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far as the ey
and it is foolish to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious...
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the obamas pushed the button to light up the big blue spruce. some 17,000 people were on hand last night for the 90th annual tree lighting ceremony. >>> police in springfield, massachusetts are on the lookout for a jogger who runs in the buff. they say people on their way to work wednesday morning reported a man, probably in his 50s, running without any clothes on. no shoes either. police say they're concerned about why he's doing it and that he's reportedly done it before. >>> a packed hour ahead on "early start," including breaking news out of japan. a tsunami warning in the same area where the big one hit as another earthquake strikes off the coast shaking buildings for minutes. >>> it can be one of the most exciting plays in football and one of the most dangerous. could kickoffs become a thing of the past to save players a future of pain? we'll talk about that with former linebacker chris draft. >>> and two weeks before christmas, is this portrait of christ weeping? first reporting for duty, south carolina right on cue, the twitter campaign
the obamas pushed the button to light up the big blue spruce. some 17,000 people were on hand last night for the 90th annual tree lighting ceremony. >>> police in springfield, massachusetts are on the lookout for a jogger who runs in the buff. they say people on their way to work wednesday morning reported a man, probably in his 50s, running without any clothes on. no shoes either. police say they're concerned about why he's doing it and that he's reportedly done it before....
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. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue.
. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on...
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we could pay down all of the overspending of obama's first term by having 4% growth instead of 2% growth. and we know how to do it, because we did it under reagan. >> but why would you cut spending then, spending that's supposed to encourage the economy to get better so you get more growth and get rid of your deficits? >> i think -- well, i think we should, one -- first of all, we have to pay down the debt he ran up. we're spending $1 trillion more each year, the federal government -- we, the federal government is spending $1 trillion more each year than when obama walked into office. it's that overspending we need to bring down. raising taxes doesn't solve the overspending problem. it feeds it. and, again, we have been through this lucy and the football thing in '82, in '90. we didn't take the advice of the tax increase last year, and we got spending restraint for the debt ceiling. remember, the republican house has a tremendous power over the debt ceiling. so all this stuff about how we have to bend to the emperor's will isn't true. >> all right. grover norquist, thanks very much. we a
we could pay down all of the overspending of obama's first term by having 4% growth instead of 2% growth. and we know how to do it, because we did it under reagan. >> but why would you cut spending then, spending that's supposed to encourage the economy to get better so you get more growth and get rid of your deficits? >> i think -- well, i think we should, one -- first of all, we have to pay down the debt he ran up. we're spending $1 trillion more each year, the federal government...
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let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that's balanced and allows for economic growth and job creation is to put our economy on a sustainable fiscal path. which again, in itself produces positive economic benefits and growth and jobs. >> eric: that's ridiculous, what that man just said, the reason for the discussions is not to cut the deficit, it's to put our economy on a path to fiscal growth and create jobs. the only way to do it is to stop the out of control debt. you're going to bury our kids and grandkids with debt. >> ainsley: b
let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is...
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president obama sat down with a falls church family to talk about how ending the bush era tax cuts would affect them. the president says he is in favor of extending tax breaks for people peaking $250,000 a year or less but not for the top 2%. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> there are ways to limit the deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> going over the fiscal cliff also means the 2% payroll tax holiday would expire. it would also mean cuts in unemployment benefits for millions of families. >>> police in prince william county are investigating a sexual assault at a motel in woodbridge. this happened wednesday night. a clerk at the econo lodge says she was attacked by a map in the room. this is the third reported attack in that area in a movement. >>> now a warping for students and staff at george washington university after police say there was an attempted sexual assault on campus and a series of burglaries. the
president obama sat down with a falls church family to talk about how ending the bush era tax cuts would affect them. the president says he is in favor of extending tax breaks for people peaking $250,000 a year or less but not for the top 2%. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> there are ways to limit the deductions, close loopholes and have the same people pay more of their money to the federal government...
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. >>> president obama took his pitch for preventing a fall off the fiscal cliff to a family in falls church yesterday. he did it to drive home the impact that many would feel approximate bush era tax cuts are allowed to expire with the average family expected to pay about $2200 more in taxes each year. >>> coming up next, we will check in with holly. she is live in morning at the montrose crossing giant for stuff a truck 2012. find out more on how you can make this holiday a happy one for local families. we are checking back in with gwen for your weekend forecast. fox 5 morning news will be right back in a moment. >>> welcome back. you hear that music, you know what it means. our stuff a truck phone bank is waiting for your call. we have seem up with the capital area food bank to raise awareness about hung are here in the d.c. region and get you to help us stuff their trucks with some needed food items. if you would like to help, call 202-895-3307 right now. the number is there on your screen. screen. there is information on how you can donate by text or online as well. and
. >>> president obama took his pitch for preventing a fall off the fiscal cliff to a family in falls church yesterday. he did it to drive home the impact that many would feel approximate bush era tax cuts are allowed to expire with the average family expected to pay about $2200 more in taxes each year. >>> coming up next, we will check in with holly. she is live in morning at the montrose crossing giant for stuff a truck 2012. find out more on how you can make this holiday a...
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if they're really concerned about cutting the deficit, they would start with the war on drugs. i wish president obama would. all right. speaking of the president not a lot on his schedule today. pretty quiet day. gets the daily briefing this morning with the vice president at quarter to 10:00. and then he and the vice president are meeting for lunch in the private dining room. that tells me that there's going to be a lot of fiscal cliff negotiations privately going on throughout the day. or else maybe he's going back to ohio. who knows. jay carney will have a briefing at 1:00 and i will be there and i will tell you all about it tomorrow. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently! and introducing 7 lunch choices for
if they're really concerned about cutting the deficit, they would start with the war on drugs. i wish president obama would. all right. speaking of the president not a lot on his schedule today. pretty quiet day. gets the daily briefing this morning with the vice president at quarter to 10:00. and then he and the vice president are meeting for lunch in the private dining room. that tells me that there's going to be a lot of fiscal cliff negotiations privately going on throughout the day. or...
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they wanted the obama plan. >> his respect and popularity would go through the roof. >> president jim hoffa next. >> this is "the bill press show." [ music ] every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. >> heard around the country and seen on current tv. >> 33 minutes after the hour now. this is the full court press, coming to you life from our nation's capitol, brought to you today by the international brotherhood of teamsters under president jim hoffa. we live better because their good work building america. you can find out more about their good work at the website www.teamster.org and if you th
they wanted the obama plan. >> his respect and popularity would go through the roof. >> president jim hoffa next. >> this is "the bill press show." [ music ] every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that...
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no more fema money for my district unless we can get some cuts in medicaid or something else. so republicans have been squishy on disaster relief and fema funding. president obama now has asked the congress for $60 billion in supplemental funding for new jersey and new york particularly. i think connecticut maybe too. for the damage for hurricane sandy. he's doing that at the request of the governors there and republicans in congress are now saying do they really need that much money? was there really that much damage to hurricane sandy? haven't they been watching tv? >> they've been dodging the question about whether they should offset the cost of it. i think when -- i think boehner has so much on his plate right now. that he's going to let this through. he just doesn't want to say it. but you know, obviously this is another thing that conservatives are pushing for. so it's a tough spot. especially because i had forgotten about cantor and that damage when he said back then. he kind of retreated subsequently because he got flak for it. >> bill: here's what i would like to see.
no more fema money for my district unless we can get some cuts in medicaid or something else. so republicans have been squishy on disaster relief and fema funding. president obama now has asked the congress for $60 billion in supplemental funding for new jersey and new york particularly. i think connecticut maybe too. for the damage for hurricane sandy. he's doing that at the request of the governors there and republicans in congress are now saying do they really need that much money? was there...
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for the bush-era tax cuts unbelievable for democrats >> bill: i am totally convinced president obama will never, never, never extend the tax cuts for the wealthiest americans again. >> he did it before. >> not this time. not this time. meredith shiner, always good to have you in the studio. >> great to be here, you guys. >> meredith >> bill: follow her at rolecale rolecale.com or on twitter twitter @meredithshiner. we will be back. i will be back with a quick parting shot for today. >> this is bill press show, live on your radio and on current tv. tell them it's like being nestled [ music ] surrounded by a 500-watt sound system while floating on a suspension made of billowy clouds. or you could just hand them your keys. ♪ ♪ ♪ ♪ then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird, right? my agent, tom, said... [ voice of dennis ] ...only allstate sends you a bonus check for every six months you're accident-free... ...but i'm a woman. maybe it's a misprint. does it look like a misprint? ok. what i was trying... [ voice of de
for the bush-era tax cuts unbelievable for democrats >> bill: i am totally convinced president obama will never, never, never extend the tax cuts for the wealthiest americans again. >> he did it before. >> not this time. not this time. meredith shiner, always good to have you in the studio. >> great to be here, you guys. >> meredith >> bill: follow her at rolecale rolecale.com or on twitter twitter @meredithshiner. we will be back. i will be back with a quick...
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don't give in on the tax cuts for the 2%. make sure they disappear the way they should and if necessary go over the fiscal cliff. no deal's better than a bad deal. great to see you today. join the conversation any time at 1-866-55-press. follow us on twitter at bpshow. peter ogborn and dan henning team press in place here this morning. good morning guys. peter's always keeping track of the social media and your comment on twitter. phil backert has the phones and cyprian bowlding has the camera. our videographer keeping us looking good here on current tv. well, we know that breaking news this morning actually came across the wires that kate middleton is filing better. she's over that acute morning sickness. she's left the hospital. and at the same time, a little breaking news, we learned that yesterday a couple of talk show hosts, radio talk show hosts from australia with the worst british accents i have ever heard did a prank call to the hospital where kate was kept for a couple of days. pretending to be the queen and prince
don't give in on the tax cuts for the 2%. make sure they disappear the way they should and if necessary go over the fiscal cliff. no deal's better than a bad deal. great to see you today. join the conversation any time at 1-866-55-press. follow us on twitter at bpshow. peter ogborn and dan henning team press in place here this morning. good morning guys. peter's always keeping track of the social media and your comment on twitter. phil backert has the phones and cyprian bowlding has the camera....
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if it's acceptable -- if john boehner and barack obama cut a deal, it will pass the senate and the house no matter what nancy pelosi wants. >> i disagree with that. >> we have agreed so far on almost everything so. >> not here to necessarily agree. >> not 95, '96, gingrich who could dictate. if john boehner did which was walk into the caucus and say accept this or i am leaving, they will say bye. same thing with obama. the democratic caucus thinks they have the leverage >> bill: 20 minutes. here stan collender lendcollender. i am going to ask you about apple announcing that they are going to have a whole new line of computer manufacturing in the united states and what that means leading up to the job numbers at the bottom of the hour. "full-court press," friday december 7th. >> this is the if you recall court press. , the bill res show live on your radio and on current t.v. street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conver
if it's acceptable -- if john boehner and barack obama cut a deal, it will pass the senate and the house no matter what nancy pelosi wants. >> i disagree with that. >> we have agreed so far on almost everything so. >> not here to necessarily agree. >> not 95, '96, gingrich who could dictate. if john boehner did which was walk into the caucus and say accept this or i am leaving, they will say bye. same thing with obama. the democratic caucus thinks they have the leverage...